124 Melody Ln, Costa Mesa, CA 92627
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124 Melody Ln Costa Mesa, CA 92627

$1,650,000
  • 3 Beds
  • 2.5 Baths
  • 2,900 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified

Map preview of 124 Melody Ln, Costa Mesa, CA 92627

Property Overview: 124 Melody Ln Costa Mesa, CA has 3 bedrooms, 2.5 bathrooms, 2,900 living square feet and 8,780 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing an amazing development opportunity in the highly sought-after Eastside Costa Mesa neighborhood. This exquisite, spacious property, situated in an R3 zone, offers a unique blend of contemporary living and luxury amenities, as well as the potential to build six units, making it an ideal investment for developers and homeowners alike. The existing home features an open floor plan with two distinct living areas, perfect for entertaining or simply enjoying cozy nights in. The attached 2-car garage ensures ample parking and storage space, while the inclusion of all appliances guarantees a hassle-free move-in experience. The true showstopper, however, is the incredible backyard oasis that awaits you. Here, you'll find a stunning pool nestled amidst lush landscaping, creating the ultimate escape for relaxation, recreation, and outdoor living. With a backyard like this, you'll feel like you're in your own private paradise. As a development opportunity, this property's R3 zoning allows for the construction of up to six units, presenting a rare chance to create a multi-family residential project in the vibrant Eastside Costa Mesa community. Benefit from a serene living environment with convenient access to local shops, restaurants, and amenities, while maximizing the property's potential. Don't miss out on this remarkable property and the chance to capitalize on its outstanding development potential. Seize the opportunity to make a lasting impact on the Eastside Costa Mesa community and create a legacy for years to come.

Listed by Jeff Cefalia | BRE #02081879 | Cefalia Real Estate
Last checked: 2 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 86
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,780
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC24015785
City
Costa Mesa
County
Orange
Time on Site
92 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

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Property Details for 124 Melody Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Survey
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 42618114
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside Central (ECCM)
  • Directions: turn right onto E Bay Avenue, Right on Fullerton and right onto Melody Ln
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Costa Mesa Agent

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Sale History for 124 Melody Ln

View property's historical transactions
  • January, 2024

  • Jan 25, 2024

    Date

    Active

    CRMLS: OC24015785

    $1,650,000

    Price

Tax History for 124 Melody Ln

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

124 Melody Ln is listed 22.22% higher than the median list price for the city of Costa Mesa which has a median list price of $1,350,000. The median price per/sqft for Costa Mesa is $782 and this home is listed at $568.97 per/sqft which puts the price per square foot 27.24% lower than the median price per square foot for the city of Costa Mesa.

About 124 Melody Ln

Detailed summary of property

124 Melody Ln is a single family home located in Costa Mesa, CA 92627 and is currently for sale. This house offers 3 bedrooms, 2.5 bathrooms, roughly 2,900 living square feet, and sits on an approximately 8,780 square foot lot. 124 Melody Ln was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner is currently asking $1,650,000. The median priced home in Costa Mesa is $1,350,000 with a median price per square foot of $782. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 22.22% higher than the median priced home. Local competing homes currently for sale include 236 Loyola Rd, 2441 Duke Pl and 2453 Orange Ave. While the average home in Costa Mesa, CA is selling in 30 days, 124 Melody Ln has a days on market of 86 days. There are currently 102 homes for sale in the Costa Mesa real estate market and 73 of them are single family homes while 15 of them are condos and 14 are townhomes. For more information on this home for sale at 124 Melody Ln Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 124 Melody Ln

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,350,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
52
Median Sale to List Price %
103.85%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (31.82%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.